What is present value of the annuity

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Reference no: EM131072122

A six-year annuity that makes 24 quarterly payments of $6,000 will begin 7 years from now with the first payment coming 7.25 years from now. If the discount rate is 10.1 percent compounded quarterly, what is the present value of the annuity?

Reference no: EM131072122

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